• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Telegram will release its own currency on the TON platform

Telegram will release its own currency on the TON platform

user avatar

by Eve Adams

2 years ago


Starting June 12, the Telegram messenger will introduce an internal currency, Telegram Stars, for purchasing digital goods and services in bots and mini-apps. The company has notified developers about this innovation.

This initiative follows a warning from Apple regarding a violation of App Store policies, which prohibit accepting internal payments, including cryptocurrencies. Otherwise, bots and mini-apps could be removed.

Users will be able to purchase the new currency on the App Store or Google Play and use it for digital purchases. Payments for physical goods and services will remain unchanged. Developers will be able to withdraw Telegram Stars through the TON blockchain at any time.

Bot owners reacted negatively to the news, pointing out the 30% commission Apple takes from each payment.

It turns out that Telegram earns dollars from users who buy Telegram Stars, and then gives developers and bot owners tokens in the form of the unstable TON currency,wrote the author of the channel "Marzaganov Broadcasting."

"Kod Durova" suggested that the old scheme for purchasing digital goods and services would remain available in app versions downloaded outside the App Store and Google Play.

Previously, Telegram founder Pavel Durov reported that Apple had demanded to restrict access to content for Ukrainian users on iOS.

In April, at the Token2049 conference, Durov announced the possibility of purchasing digital goods with cryptocurrency in Telegram, promising sellers 70% of the revenue. The messenger also introduced a feature to send tips to content creators in digital assets.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Trump Asserts Inflation Decline Amidst Economic Challenges

chest

President Trump claims that inflation in the US is declining and there is no risk of deflation, despite inflation remaining above the Federal Reserve's target.

user avatarDavid Robinson

Drift v3 Launches on Solana, Enhancing DeFi Capabilities

chest

The launch of Drift v3 on Solana introduces a new execution model that significantly improves order handling and liquidity efficiency for on-chain derivatives.

user avatarAndrew Smith

Influence of Key Players in the DePIN Market

chest

The report discusses key players in the DePIN sector and their influence on market dynamics and financial implications.

user avatarZainab Kamara

Top DePIN Projects of 2025 Highlighted by KuCoin

chest

KuCoin's Insight team highlights leading DePIN projects of 2025, expected to influence market structures and attract investment.

user avatarJacob Williams

China's Cryptocurrency Market Shows Signs of Retreat

chest

Traders in China are retreating from the cryptocurrency market as stablecoins trade below parity against the local currency.

user avatarSon Min-ho

Bitcoin Addresses Holding Over 0.1 BTC Decline for the First Time Since 2009

chest

The number of Bitcoin addresses holding more than 0.1 BTC has declined by 2.3% for the first time since 2009, reflecting changes in investor behavior and infrastructure.

user avatarAyman Ben Youssef

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.